Shell’s $2 Billion Nigeria Gas Gamble Ignites LNG Boom Amid $8 B Investment Surge
Shell Greenlights $2 B Offshore Gas Project in Nigeria Royal Dutch Shell has greenlit a $2 billion offshore gas development in Nigeria’s Niger Delta waters, partnering with indigenous firm Sunlink Energies. The project – known as the “HI” gas field – marks a significant final investment decision (FID) for Shell’s Nigeria portfolioreuters.com. Once operational, the HI field is expected to pump out 350 million standard cubic feet of gas per day at peak, roughly 60,000 barrels of oil equivalent in energy termscompressortech2.comcompressortech2.com. This gas will be funneled to the Nigeria LNG (NLNG) plant on Bonny Island, a joint venture export facility where
